The Economics of Medicare Reform

Authors

Andrew J. Rettenmaier, Texas A&M University
Thomas Robert Saving, Texas A&M University

Publication Date

1-1-2000

DOI

10.17848/9780880994156

Abstract

The authors propose a means for preserving Medicare as we know it. After detailing the reasons for Medicare's financial troubles, they present a cohort-based financing plan for Medicare that represents a fundamental departure from the generation transfer method currently used.

Files

Contents

1. The Rise and Fall of Medicare
2. A Brief History of Social Insurance for the Aged in the United States
3. The Theory of Paying for Retirement
4. Forecasting Earnings
5. Estimating the Future Cost of Retirement Health Care Benefits
6. The Transition to Fully Funded Medicare
7. Conclusions and Other Issues in the Medicare Reform Debate

ISBN

9780880992121 (cloth) ; 9780880992114 (pbk.) ; 9780880994156 (ebook)

Subject Areas

LABOR MARKET ISSUES; Wages, health insurance and other benefits; Health insurance